Dow Inc (NYSE: DOW) on Monday, soared 0.82% from the previous trading day, before settling in for the closing price of $49.70. Within the past 52 weeks, DOW’s price has moved between $47.40 and $60.69.
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A company in the Basic Materials sector has jumped its sales by 0.18% annually for the last half of the decade. The company achieved an average annual earnings per share of -3.67%. With a float of $699.45 million, this company’s outstanding shares have now reached $702.29 million.
In an organization with 35900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.36%, operating margin of 6.14%, and the pretax margin is 2.61%.
Dow Inc (DOW) Insider Updates
Observing investor behavior towards Chemicals industry stocks is more important than anything else. The insider ownership of Dow Inc is 0.21%, while institutional ownership is 69.36%. The most recent insider transaction that took place on Nov 16 ’23, was worth 255,437. In this transaction Director of this company bought 5,000 shares at a rate of $51.09, taking the stock ownership to the 33,665 shares.
Dow Inc (DOW) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.43 earnings per share (EPS) for the period topping the consensus outlook (set at 0.4) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.13% during the next five years compared to -33.38% drop over the previous five years of trading.
Dow Inc (NYSE: DOW) Trading Performance Indicators
Dow Inc (DOW) is currently performing well based on its current performance indicators. A quick ratio of 1.04 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 42.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.49, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 3.19 in one year’s time.
Technical Analysis of Dow Inc (DOW)
Let’s dig in a bit further. During the last 5-days, its volume was 5.42 million. That was better than the volume of 4.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.30%. Additionally, its Average True Range was 0.98.
During the past 100 days, Dow Inc’s (DOW) raw stochastic average was set at 8.26%, which indicates a significant decrease from 13.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.84% in the past 14 days, which was lower than the 20.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.67, while its 200-day Moving Average is $54.87. However, in the short run, Dow Inc’s stock first resistance to watch stands at $50.35. Second resistance stands at $50.59. The third major resistance level sits at $51.03. If the price goes on to break the first support level at $49.67, it is likely to go to the next support level at $49.23. Assuming the price breaks the second support level, the third support level stands at $48.99.
Dow Inc (NYSE: DOW) Key Stats
Market capitalization of the company is 35.12 billion based on 703,206K outstanding shares. Right now, sales total 44,622 M and income totals 589,000 K. The company made 10,879 M in profit during its latest quarter, and 214,000 K in sales during its previous quarter.
